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Author Topic: Don't hold Bitcoin for long time.  (Read 10692 times)
arin_muah
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July 27, 2018, 02:29:11 AM
 #921

I think there is nothing wrong holding a bitcoin for a long time, like as of the moment the bitcoin crypto market is facing the low period, therefore you don't want to sell your coin in a loose profit, so you better hold your coin until the market price goes up again, but for how long it will takes, no one can tell.
holding is need strategy too.do not just holding although bitcoin price move up and down.personally i am holding but i use dow theory in my strategy.sell when it peak , and rebuy again while it make correction.
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July 27, 2018, 02:34:48 AM
 #922

Hold is Bitcoin for long time, there is no much profit. You know why ?

Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. It's might 10k after some day. But you still have only 1 BTC.

Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .

After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.

But before buy alt coin please select best coin to avoid dump.

So what you think. Hold alt coin or Bitcoin ?
It is reasonable for us to think that but we need to make a balance between them.  I prefer btc for long term holding and I will do some short time trading with alts to make more profit. Btc can make my money safer and alts can bring me some money.
Sri Asih
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July 27, 2018, 10:04:22 AM
 #923

Hold is Bitcoin for long time, there is no much profit. You know why ?

Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. It's might 10k after some day. But you still have only 1 BTC.

Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .

After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.

But before buy alt coin please select best coin to avoid dump.

So what you think. Hold alt coin or Bitcoin ?

That's the reason why many people prefer altcoins, especially ethereum rather than bitcoin, and if you act wisely, find the best altcoins that have good development and are actively being developed. Then enter at a realistic price and be patient, usually it will be better in the future.
Meepers
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July 27, 2018, 10:12:13 AM
 #924

Choose the right time to hold bitcoin or altcoin is based on your experience. You must take an overview on market to make your own choice. For a small investor like me it certainly is more profitable because the price is cheaper than investing in bitcoin, although sometimes the price falls due to the unstable bitcoin movement . You need to buy it and keep it until the winter, and only then you will have a profit.   Grin
Kira_lapa
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July 27, 2018, 10:59:25 AM
 #925

Divide your finances into two parts. The first part is investing in bitcoin, and the second part of your money can be invested in altcoins.
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July 27, 2018, 11:08:35 AM
 #926

I try to make up my portfolio by 30% from bitcoin, the rest I distribute between promising coins and tokens

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July 27, 2018, 11:26:50 AM
 #927

Those investors who held bitcoin long last year got a good profit.  If they sold bitcoin at the peak of growth.  Now I think that it is unprofitable to keep bitcoin for a long time, it is better to trade it in short positions.  The same applies to the altcoin.  Those altcoins that I have kept since last year, have now reached the bottom again.

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jakiro.hovard
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July 27, 2018, 11:28:48 AM
 #928

I think that this can be attributed not only to bitcoin, you should always look at the market from a bird's eye view, because in a large-scale or global view there is always a benefit, once you start doing it you will understand
parker99
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July 27, 2018, 11:30:28 AM
 #929

I think hold bitcoin until it reach its new peak. I believe that it will take long time again to regain the bitcoin’s new peak. So you must sell all your assets when the bitcoin finally reach a new peak value.
rye18
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July 27, 2018, 11:35:24 AM
 #930

I think hold bitcoin until it reach its new peak. I believe that it will take long time again to regain the bitcoin’s new peak. So you must sell all your assets when the bitcoin finally reach a new peak value.

Yes bitcoin is ideal for long term hold due to its volatile prices and sometimes huge fluctuation will happen, Bitcoin also known as popular and profitable way of investing cryptocurrency.
amadocuaresma
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July 27, 2018, 11:47:29 AM
 #931

I think it is smarter to hold btc as opposed to bch, on the grounds that discussing prominence and wellbeing, it is better all an opportunity to hold bitcoin. In spite of the fact that bch is likewise a decent crypto coin however the correlation is much a long way from every status as a piece of digital money coin. Bitcoin is an extremely mainstream coin, and it is the best coin of all cryptographic money coins, so the better coin we holds it will likewise returns of better salary.
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July 27, 2018, 11:50:16 AM
 #932

Why wont i hold a coins that is well known and the best investment in cryptocurrency now.

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July 27, 2018, 01:14:02 PM
 #933

Hold is Bitcoin for long time, there is no much profit. You know why ?

Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. It's might 10k after some day. But you still have only 1 BTC.

Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .

After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.

But before buy alt coin please select best coin to avoid dump.

So what you think. Hold alt coin or Bitcoin ?

I like your opinion, it's true and very true. We must be aware and must be smart in cryptocurrency, because the market now has many choices or strategies so we can anticipate dumps and not lose a lot of money, so think wisely.
inetto7
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July 27, 2018, 01:17:42 PM
 #934

Why wont i hold a coins that is well known and the best investment in cryptocurrency now.

the right decision - in the red market, large coins do not fall so low. But when the market grows - small coins will give more profit
Project xupporter
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July 27, 2018, 01:20:13 PM
 #935

For  Litoshi to tweet that every crypto enthusiast should hold at least 1BTC on their wallet before buying any alt... This alone can share the view that BTC is a long term worthwhile asset
billy.ryoko
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July 27, 2018, 01:23:05 PM
 #936

This is the same idea to me previously, but today I want to say it the bad idea, when the Bitcoin price is dropped, all the cryptocurrencies drop in the same time, if someone dumps the Bitcoin, it possible will be growth in someday, but the altcoins need a longer time to grow again.

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tony kurniawan
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July 27, 2018, 01:27:46 PM
 #937

I think holding can be a good choice because crypto in the future can be more popular. But the market is unstable and when the market goes up you can sell for a profit.
tantegope00l
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July 27, 2018, 03:05:30 PM
 #938

Hold is Bitcoin for long time, there is no much profit. You know why ?

Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. It's might 10k after some day. But you still have only 1 BTC.

Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .

After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.

But before buy alt coin please select best coin to avoid dump.

So what you think. Hold alt coin or Bitcoin ?

Bitcoin holding for the long term has proven to be a successful strategy for years.
Bitcoin is better in the long run. Low-cost Bitcoin is now compared to last year's prices, this is the time to buy and hold.
Honuandhonu
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July 27, 2018, 03:10:14 PM
 #939

Holding bitcoin isn't such a bad idea though, I'd rather say holding bitcoin can bring you profit when the price of bitcoin rises, then you can buy plenty of cheap altcoins from your watch list.
JSRAW
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July 28, 2018, 05:31:12 AM
 #940

One can hold bitcoins, and there is nothing wrong with that. Especially when you get in at a lower price. It can give benefit in short-term as well if we compare with 2017 bull run.
I am holding a few and not planning to sell anytime soon. will take profit now a then if price goes up.

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